Turning Hard Times into Good Times

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January 05th 2016:Investing in 2016. Should We Give Up on Gold?

Alasdair MacLeod and Chen Lin return. The Chinese, Indians and Russians have been importing massive amounts of gold, yet its price in dollars continues lower due to massive manipulation by major bullion banks. Americans have been taught to hate gold and revere fraudulent fiat money, backed by nothing other than U.S. military force. But the Chinese are using gold rather than dollars to buy oil from Russia. At the same time, total international trade denominated in dollars is shrinking for the first time since the Great Depression. And the velocity of money is in decline as in the 1930s. As we

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Featured Guests

Alasdair Macleod

Alasdair Macleod runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. Alasdair has a background as a stockbroker, banker and economist. He is a Senior Fellow at the GoldMoney Foundation. His weekly articles written for GoldMoney are posted on his blog at http://goldmoney.com/?gmrefcode=jtgts

Chen Lin

Chen Lin, had been a doctoral candidate in aeronautical engineering at Princeton. However, Chen found his investment strategies were so profitable that he put his Ph.D. on the back burner to devote full time to private investing and writing a newsletter titled “What is Chen Buying? What is Chen Selling?” Chen's track record has been phenomenal! In one account we track in which he used no leverage, he was able to grow $5,411 starting in 2002 to over $2.2 million by the end of 2012. You can visit his website at http://chenpicks.com/